Price has been rejected a couple times so a little leap of faith for the bull jump?!... corrective phase in process.. price moved sideways before creating successive Lower Highs LHs & Lower Lows LLs. Strong bullish momentum steaming up. Major Resistance key level: 10300
Major Support Key level: 6300
Used to ascertain value:
- Elliott Wave Analysis;
- Price Action (Candlestick/Chart pattern);
- Trendline & Channels;
- Support & Resistance levels;
-Fib. retracement & trend-based extension;
- RSI (Divergence)
- Multi Timeframe & more etc.
Link to previous analysis:
Enjoy!
Major Support Key level: 6300
Used to ascertain value:
- Elliott Wave Analysis;
- Price Action (Candlestick/Chart pattern);
- Trendline & Channels;
- Support & Resistance levels;
-Fib. retracement & trend-based extension;
- RSI (Divergence)
- Multi Timeframe & more etc.
Link to previous analysis:
Enjoy!